Markets · Breaking

Gift Nifty Signals Positive Start For Indian Equities Ahead Of October 29 Trading Session

Originally reported by LiveMint Markets as: Stock market outlook today, 29 Oct: Sensex, Nifty prediction - DJIA, S&P, NASDAQ, GIFT Nifty, Kospi, Nikkei, Taiwan cues

29 Oct 2026, 6:45 am IST · Xecute.finance News Desk

The crisp read

Domestic stock indices are poised for a positive opening on October 29, supported by early indicators from international derivatives markets. Gift Nifty was trading near the 22,766 threshold, reflecting an increase of approximately 33 points or 0.15% over previous futures closes. Regional Asian markets and Wall Street cues are providing additional direction.

Deep dive - the full story

Indian benchmark indices are expected to open in positive territory on Thursday, October 29, with derivative indicators pointing to a steady start. Gift Nifty hovered around 22,766, marking a gain of nearly 33 points or 0.15% compared to the prior close of Nifty futures. Derivative indicators such as the Gift Nifty serve as early barometers for domestic market direction by tracking offshore trading activity during non-business hours in India.

These pre-market signals aggregate overnight global developments across US equities, Asian exchanges, and currency movements to establish an initial price discovery mechanism. Traders should analyze pre-opening volatility, track foreign institutional investor fund flows, and observe key resistance levels on the Nifty 50 and Sensex charts.

Watch international market trends and currency fluctuations for intraday reversal signals. Bottom line: use pre-market derivative cues to set disciplined intraday trading boundaries.

Source: livemint.com

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